On the non-existence of a marginal cost pricing equilibrium and the Ioffe normal cone
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Publication:1123794
DOI10.1007/BF01227608zbMath0677.90010MaRDI QIDQ1123794
Publication date: 1989
Published in: Journal of Economics (Search for Journal in Brave)
non-existenceClarke's normal coneIoffe normal conemarginal cost pricing equilibriummarginal rates of substitution
Related Items (2)
On the existence of equilibria without convexity or free disposal on production technologies ⋮ Variational analysis and mathematical economics 1: Subdifferential calculus and the second theorem of welfare economics
Cites Work
- Ioffe's normal cone and the foundations of welfare economics: an example
- On marginal cost pricing with given tax-subsidy rules
- On a general existence theorem for marginal cost pricing equilibria
- General equilibrium theory and increasing returns
- On the existence of equilibria in economies with increasing returns
- An Extension of the Second Welfare Theorem to Economies with Nonconvexities and Public Goods
- Approximate Subdifferentials and Applications. I: The Finite Dimensional Theory
- Pareto Optimality in Non-Convex Economies
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